Four Attorneys Fraudulently Registered Stock Sales, SEC Says (1)

Four attorneys and a real estate agent are the latest to face an SEC suit over alleged fraud involving PixarBio Corp. stock.

Henry B. Sargent, Frederick M. Mintz, Alan P. Fraade, Joseph J. Tomasek, and Patrick Giordano ran a “fraudulent and deceptive scheme to disguise public stock sales by corporate affiliates” to evade registration requirements, according to a Securities and Exchange Commission complaint filed June 27 in the U.S. District Court for the District of Massachusetts.

"[B]ased upon the SEC’s prior allegations, we believe we have not violated any laws or done anything wrong and will vigorously oppose the SEC’s ...